Tag Archives: Big industry output contracts in October

ISLAMABAD: Large-scale manufacturing (LSM) contracted in October after two months of consistent growth, data released by the Pakistan Bureau of Statistics showed on Friday. The LSM shrank 4.08 per cent in October on a year-on-year basis. The main contributors to negative growth are textile, paper and board, iron and steel products, electrical equipment, automobiles and furniture. The LSM turned positive …

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